GREY:CHALF - Post by User
Comment by
NevadaRayon Nov 09, 2017 1:38pm
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Post# 26934281
RE:Re; deeper value
RE:Re; deeper valueToday, Canada is 95% black / grey market. Maybe even 99% I will be shocked if in Canada Lp's gain even a 66% stake EVERRRRRR Lets face it, if Canada had 2% beer, everyone is visiting a bootlegger
odzie1 wrote: Goood points. The black market in the US is estimated at about 33%. Could be more. The same can be said for canada . The point you made about chalice having there own dispensaries is definitely something that cdn producers would love to have but won't get. Another thing people forget is whether there will be interprovincial trade barriers for mj in Canada like they have for beer to keep tax revenue in the home province. Like its illegal to buy beer in Quebec and transport it over the border to New Brunswick or Ontario. I already have seen OGI sign an agreement with new Brunswick to be the exclusive provider of mj in that province as that is where they are based. I feel you will see more of this in Canada as each province protects its tax turf and revenues.